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Why data source matters to accurately and objectively assess the over the road trucking market

FreightWaves SONAR

The digital age has presented a wealth of opportunities for the over the road trucking market. Because data sources matter to assess accurately and objectively the over the road trucking market. . Lagging data makes for a massive hindrance in assessing the over the road trucking market. Download the White Paper.

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Key Takeaways from Manifest with Pam Simon

The Logistics of Logistics

Senior executives from the logistics industry presented their sustainability goals and investments, while innovative players from the industry showcased their product offerings that will enable a carbon neutral future. Really cool trucks were in attendance at Manifest including autonomous and electric vehicles. Forbes article.

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Mapping the trucking market: How data tracks freight economy, rates, capacity, volumes and rejections

FreightWaves SONAR

Mapping the trucking market assists freight market participants with a flurry of benefits. Companies with access to accurate near-real-time data not only improve their operations; they also gain the ability to depict the current state of the trucking market. These accurate depictions of the market come from the tracking of data.

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[Chart of the Week] Transportation costs keep rising as service deteriorates: Carrier trucking compliance levels drop below 75% while rates increase 6% in February

FreightWaves SONAR

And the effects are becoming evident as trucking compliance with applicable routing guide requirements deteriorate. The truckload market appeared to be on a path toward stability with rejection rates sliding slowly through the first month of the year before winter storms disrupted trucking networks and shipper production cycles.

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[INFOGRAPHIC]_5 truck freight rate volatility contributors to consider

FreightWaves SONAR

(Graphics created by Emily Ricks) There are many attributes to consider when considering a truck freight rate. And these fluctuations within the trucking market range from market volatility to the lack of real-time data. And it also presents the opportunity to make more money by aligning freight rates accordingly as well.

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2021 Truck industry disruption factors: how to continue with operational excellence and profitability (part 2)

FreightWaves SONAR

Yet, truck industry analyses and insight into existing conditions can help safeguard against uncertainty. With Pfizer and other manufacturers focused on getting vaccine doses out through the big three carriers, there’s simply not a lasting need to worry at present. In part one , we explored the political side of things.

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Freight and trucking data: how historical and contract load tender data create a trucking rate predictor

FreightWaves SONAR

Freight and trucking data makes for an excellent resource for shippers and logistic service providers (LSPs) alike. The data obtained from historical and contract load tender information creates a valuable tool – a trucking rate predictor. Why lagging data contributes to limited insight into trucking rates.

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